SOURCE: Rambler Metals & Mining Plc

September 08, 2015 02:37 ET

Fiscal 2015 Q4 and Yearend Production Results

LONDON, UNITED KINGDOM and BAIE VERTE, NL--(Marketwired - Sep 8, 2015) - Rambler Metals and Mining plc (TSX VENTURE: RAB) (LSE: RMM)

8 September 2015
TSX-V: RAB; LSE: RMM

Rambler Metals and Mining plc (TSXV: RAB; AIM: RMM) ('Rambler' or the 'Company'), a copper and gold producer operating in Newfoundland and Labrador, Canada, today provides an operational update for its Fiscal 2015 Yearend and fourth quarter ending 31 July 2015 ('F2015' and 'Q4/15').

PRODUCTION Yearend
F2015
  F2015
Guidance
       
Dry Tonnes Milled 215,535   215,000 - 230,000
       
Copper Recovery 96.9%   94 - 96%
Gold Recovery 69.8%   65 - 70%
Silver Recovery 73.7%   60 - 75%
       
Copper Head Grade (%) 2.53   2.5 - 3.5
Gold Head Grade (g/t) 1.18   1.0 - 2.0
Silver Head Grade (g/t) 8.68   6.0 - 8.0
       
       
CONCENTRATE
(Delivered to Warehouse)
     
Copper (%) 27.31   27 - 30
Gold (g/t) 9.87   6 - 8
Silver (g/t) 73.18   45 - 55
       
Dry Tonnes Produced 17,309   20,000 - 24,000
Copper Metal (tonnes) 4,733   5,400 - 6,700
Gold (ounces) 5,335   5,600 - 6,600
Silver (ounces) 39,706   39,000 - 46,000
       

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http://www.rns-pdf.londonstockexchange.com/rns/3266Y_1-2015-9-7.pdf

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